-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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WHERE IS WILLIE HORTON WHEN YOU NEED HIM?
We need more people to stand up to the tyrant and tyranny Pritzker has unleashed in Illinois, I said it before and will say it again this boys death falls on Pritzker , period! This tragedy was totally preventable, I would sure like to hear from Pritzker about his malfeasance on this .
Pritzker doesn’t care, that boy is a casualty of JB’s degenerate and craven politics
Thank you, Sen. Plummer, for your courageous words.